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GOLD sell @ 1206 tp @ 1192 sl @ 1213 GOLD is preferred to sell market execution order and place stop loss at 1213 and level of take profit will be 1192 gold Trend is in medium term is up trend and in near term gold move sideways Trend lines : gold break down the uptrend line to move sideways in near term gold price formed the five waves basic elliott wave pattern in last days from level 1187 to 1212 Important Support and resistance level today level 1212 represents Important resistance level and 1187 represents Important support level The Relative Strength Index (RSI) indicates to bearish trading signals where indicator decline below level 70 GOLD Candlestick pattern Formed evening star pattern and it is bearish reversal signal gold Next wave maybe bearish based on gold technical analysis indicator
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09-16-2018, 03:27 PM
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